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JP Morgan Chase shares gain the most in 12 weeks on Friday, company obtains corporate bond underwriting license in China

February 6, 2017 9:16 am
According to a February 6th statement, JP Morgan Chase & Co (JPM) has obtained a license, enabling it to underwrite corporate bonds in the Chinese interbank bond market. The license was received from the National Association of Financial Market Institutional Investors (NAFMII), the regulatory authority in charge of Chinas interbank bond market oversight. This way […] Read more

Commodity Market: Pivot Levels for Monday (February 6th 2017)

February 6, 2017 7:24 am
Silver (SI) for March delivery (1 Troy Ounce) R1 – $17.505 R2 – $17.530 R3 (Range Resistance – Sell) – $17.556 R4 (Long Breakout) – $17.633 R5 (Breakout Target 1) – $17.723 R6 (Breakout Target 2) – $17.763 S1 – $17.453 S2 – $17.428 S3 (Range Support – Buy) – $17.402 S4 (Short Breakout) – […] Read more

Starbucks shares close lower for a sixth straight session on Thursday, company faces criticism regarding its latest hiring decision

February 3, 2017 10:48 am
Starbucks Corporations plan to hire refugees, which the company announced last Sunday, has recently been criticized on social networks by some of its clients. Individuals were reported to have used #BoycottStarbucks in order to influence customers decision of visiting the retailers stores. Additionally, screen shots appeared, where users demonstrate how they are removing Starbucks Corps […] Read more

Major Currency Pairs: Pivot Levels for Friday (February 3rd 2017)

February 3, 2017 7:11 am
USD/CHF R1 – 0.9931 R2 – 0.9938 R3 (Range Resistance – Sell) – 0.9944 R4 (Long Breakout) – 0.9964 R5 (Breakout Target 1) – 0.9986 R6 (Breakout Target 2) – 0.9995 S1 – 0.9919 S2 – 0.9912 S3 (Range Support – Buy) – 0.9906 S4 (Short Breakout) – 0.9887 S5 (Breakout Target 1) – 0.9864 […] Read more

MetLife shares retreat a fifth straight session on Wednesday, insurer’s fourth-quarter operating profit falls short of expectations

February 2, 2017 10:48 am
MetLife Incs operating profit, excluding a $3.2 billion derivative loss, came below market expectations during the quarter ended on December 31st, dragged down by lower earnings in its retail unit in the United States and earnings in Latin America. MetLife shares closed lower for a fifth consecutive trading session on Wednesday. The stock edged down […] Read more

Commodity Market: Pivot Levels for Thursday (February 2nd 2017)

February 2, 2017 7:20 am
Silver (SI) for March delivery (1 Troy Ounce) R1 – $17.478 R2 – $17.506 R3 (Range Resistance – Sell) – $17.534 R4 (Long Breakout) – $17.618 R5 (Breakout Target 1) – $17.716 R6 (Breakout Target 2) – $17.757 S1 – $17.422 S2 – $17.394 S3 (Range Support – Buy) – $17.366 S4 (Short Breakout) – […] Read more

Amazon shares mark a third straight session of losses on Tuesday, company to invest $1.49 billion in air cargo hub

February 1, 2017 10:46 am
The worlds biggest on-line retailer Amazon.com Inc (AMZN) is said to make plans to invest $1.49 billion in the construction of a huge air cargo hub in northern Kentucky. According to state officials, a 50-year lease for approximately 900 acres of property from Cincinnati/Northern Kentucky International Airport has been agreed to. The new site would […] Read more